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Disney CEO's Compensation Up 35% To $46.50 Mln

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Walt Disney Company (DIS) disclosed in a regulatory filing that its Chairman and Chief Executive officer Robert Iger received a fiscal year 2014 total compensation that was about 35 percent higher than the prior year, while his base salary remained unchanged in the fiscal year 2014 as well as 2013.

The increase was driven primarily by a substantial increase in Iger's bonus, to $22.81 million in the fiscal year 2014, from $13.57 million the prior year.

Iger received a total compensation of $46.50 million, including base salary, stock grants and incentives in fiscal year 2014, compared to the $34.32 million he received 2013, and $40.23 million he got in 2012.

The total compensation received by Iger in fiscal year 2014 includes $2.50 million as base salary, $22.81 million as bonus, $8.94 million as stock grants, option awards of $8.34 million, and the change in pension value and NQDC earnings of $2.80 million.

Disney said October that its board extended the contract of Robert Iger as chairman and chief executive officer for two years through the end of June 2018. This is the second time Iger's contract has been extended. His earlier contract was set to expire in 2016.

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